Can summer retain apparel work orders
- Nurnahar Akter Tania
After the interim government was taken by Muhammad Yunus, import-export of goods also became normal.
Foreign buyer representatives have also started discussions on the process of placing new purchase orders. Pending purchase orders are also coming in more or less.
Recently, garment exporters fearing a 15-20% decline in work orders due to the violence and subsequent events centered on the student movement.

Competing countries like India, Pakistan, and Sri Lanka are attracting buyers away from Bangladesh as they agree with lower prices due to favorable exchange rates and faster shipments.
As factories in Bangladesh produce more summer clothing, most brands and buyers complete the purchase order process for this season between July and September. After the production of these purchased products, the export starts from November.
In this regard, the Managing Director of Chittagong Denim Expert Limited, Mostafiz Uddin said, “The next two weeks are very important. The garment factories are struggling to find purchase orders. Prototyping and production cost estimation are in progress. Brands will make final decisions on many purchases from the beginning of September.”
The law and order situation of the country should be improved during this period. So that the confidence of the outside world is created on Bangladesh. Otherwise, buyers will suffer from uncertainty. It will hurt the purchase order, he added.
In this regard, Mohammad Hatem, Executive President of Knitwear Industry Owners Association, BKMEA, said, "After the interim government took over, discussions with buyers regarding purchase orders have started again. However, we feel that 15-20 percent of the purchase orders for the next summer season have already gone or will go elsewhere.
Meanwhile, BGMEA requested the Honorable Advisor Chief Adviser of the Interim Government Prof. Dr. Muhammad Yunus to call for more apparel purchases from Bangladesh, especially for US and Canadian buyers, to compensate for the damage to the image of the garment industry in the circumstances.
According to the data of Bangladesh Bank, in 10 months (July-April) of the outgoing fiscal year 2023-24, ready-made garments worth $29.68 billion were exported.
This export is 6.63 percent less than the same period of the previous financial year. If the new purchase order of the summer season is hit, there is little possibility of garment exports turning around in the current financial year as well.